Volman meets Burke or My journey with PA

My trading screen is not as vibrant as the pics. It's an older 32 inch tv with hdmi connection.

A number of small cap funds use this index and its stock makeup.

This thing gets slow at times. This is a common time. Will need to go back and see how often it does this.

Trump is correct. Powell and the Fed are "Too-Late".

Inflation kicked off early 2021. Most miss the spark that caused this. Yes there was a butt load of money, but there has been a lot of free money for some time. It was the stopping of the Keystone pipeline and the stopping of new drilling in the US that was the spark. Hate to tell all you greenies this, the world economies run off oil.

And off we go. By the time the Fed made the first rate increase was Mar 2022. Too Late.







Now the "experts" are attempting to blame tariffs for the apparent slow down in the economy. The real cause is directly a result of interest rates.

Most here will say the Fed saved the world. Purposefully ignorant.

The one thing the Fed is good at is causing economic crashes.

And through it all the system holds true.

The Gold thread is an example of gambling trading.

Ever notice how countries/politicians when they espouse the need for "democracy" continually move more to tyranny.

A pullback is quite possible this am. As always will need to wait to see what unfolds. Price does need to rebalance before long.

I did not take this. Not my trading time. Usually not home at this time.

Before the open price moved up, set HOD, came inside the Red, crossed the Gold, pullback, Go. Just play PA within the framework.

Should be a mostly technical day today.

The clue to why this appears sp "accurate". Range bars. True price.

Sadly most platforms do not offer range bars.

The big bro to the M2K the RTY

Just a tad busier.

Time charts are a derivative of price. Any bar type based on time charts are derivatives of a derivative. Most other strictly price charts such as renko and point & figure have false opens which make back testing difficult. Tick charts are an abstraction of price as they require volume. So they are a derivative also. Range bars are "manipulated" price as you can have various bar sizes. Short of just the number itself I think range bars are the closest representation of price.

Accumulation is easily seen.